BusinessPhoto: Mint MarketsAnand Rathi Sees 30% Upside in Raymond Realty After 56% Gain
Raymond Realty, part of the Raymond Group and based in Mumbai, saw its stock rise 56% in six months. Anand Rathi forecasts a further 30% increase. In Q2 FY27, pre-sales rose 98% YoY to ₹902 crore, and collections increased 67% YoY to ₹682 crore. H1 pre-sales jumped 111% YoY to ₹1,602 crore, with collections up 57% to ₹1,233 crore. Growth came from existing projects, with new launches planned in Mumbai Metropolitan Region.
Mint Markets··Mumbai